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The Street Missed the Q1 Signal: Why Meta’s AI Engine is Worth Every Penny
The market panicked yet again over CapEx, but the $META ad machine is accelerating.
Apr 30
•
Simeon McMillan
8
1
4
Spotify ($SPOT) Q1 2026 Earnings: The Audio Illusion Unravels
Why 70% of new users are "empty calories" and the 33x multiple is a dangerous trap.
Apr 28
•
Simeon McMillan
13
1
4
AI Tracking Employee Keystrokes Validates Meta Bull Case
Why Deep Cuts Are the Real Supercycle
Apr 21
•
Simeon McMillan
10
2
A Melting Ice Cube on Trial: Breaking Down the Nexstar-TEGNA Injunction
How a 52-page federal court order just blew up the industry's favorite growth strategy and trapped a highly-leveraged giant.
Apr 20
•
Simeon McMillan
11
2
The Mispriced Victor: Why I’m Reaffirming My $120 Netflix Target
Q1 revenue grew 16.2% despite a quiet content slate and Olympic headwinds. This isn't a slowdown; it’s a masterclass in pricing power.
Apr 17
•
Simeon McMillan
12
3
8
Back to the EBITDA: Decoding Meta’s $1,116 Executive Playbook
How to read SEC Form 4s like an insider and reverse-engineer the 2028 income statement.
Mar 27
•
Simeon McMillan
15
5
8
Zuckerberg’s Middle-Age Metabolism: Trimming Fat to Fund Superintelligence
Meta is trading like a slow-growth utility, but acting like an AI monopoly. Don't let multiple contraction blind you to over 40% upside.
Mar 25
•
Simeon McMillan
20
1
12
The Victor of the Streaming Wars: Why Netflix is a $120 Stock
While legacy media burns billions on doomed mergers and melting ice cubes, Netflix has built a global monolith insulated from geopolitical risk.
Mar 23
•
Simeon McMillan
14
2
8
Dead on Arrival: 8 Reasons the Paramount-WBD Merger Will Fail
From a crushing $79 billion debt anchor to a massive culture clash, here is why Hollywood’s newest mega-merger is doomed.
Mar 20
•
Simeon McMillan
20
5
8
Deflating the Duolingo ($DUOL) Owl
A Pitch-Mas prophecy fulfilled: Why this overhyped mobile game is finally running out of lives.
Feb 27
•
Simeon McMillan
13
3
4
Pinterest ($PINS) Q4 Earnings: The "Value Trap" Trap Door Opens
Why 41% impression growth resulted in a revenue miss, and why the "OpenAI Buyout" theory is your only (risky) hope.
Feb 17
•
Simeon McMillan
10
2
7
AppLovin ($APP) Q4-25 Earnings Review: The "Cash Machine" vs. The Market Fear
Why the -40% sell-off is a gift for value investors, and what the "Big Tech Capital Intensity" spread tells us about the future.
Feb 13
•
Simeon McMillan
14
6
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